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20121225
20121225
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and congress to avoid the fiscal cliff. >>> at the vatican, pope benedict the 16th presided over christmas eve mass. he urged people to make room for god in their busy lives. the catholic pope also prayed for peace in israel, palestine and syria. this year midnight mass was moved up two hours to 10:00 p.m. to accommodate the ageing church leader. >>> clear skies kept travelers on track at sfo today after long de lay this is past weekend. as atly reports, this day before christmas is a busy one. >> the security line snaked throughout terminal 2 in san francisco international airport this morning. travelers shuffled through to chasm flights to arrive in time for christmas morning. >> everybody twoonts go home and see family. >> friday, december 21st, was technically the businessest day of holiday travel season for sfo with 130,000 people passing through, but christmas eve isn't too far behind with 120,000 airline passengers expected to. for some holiday traveler, the last-minute journey was a matter of price. >> i picked the 24th because it was, like, $250 less than what was on saturday or sunda
>> with congress in recess. and the president on vacation in hawaii. not much is happening in the fiscal cliff situation. it would mean a series of tax hikes and spending cuts taking effect in about a week. on wall street. the dow lost 52 points in a shortened christmas eve trading day. the nasdaq dropped eight. and the s-and-p lost 3 points. >> catherine: there could also be what you might call a 'dairy cliff'. beginning next year, you could pay as much as seven dollars for a gallon of milk if congress doesn't step in. with the focus on the fiscal cliff - other legislative matters are falling by the wayside.including a stalled farm bill. certain protections for farmers are expiring. one of them is the dairy subsidy, which ends january first. if congress doesn't act before then, the u-s would revert back to a 63-year-old dairy policy. it would force the government to buy milk at inflated prices, driving up the cost.. ------------------------ now showing les miserables- >> quentin tarantino takes movie goers to the deep south of a plantation owner ...with leonardo eicaprio samuel l. jackson and
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